Bitcoin price extended decline below the USD 56,500 support. However, BTC stayed above the USD 55,500 support. It is slowly recovering and is currently (11:30 UTC) facing resistance near 57,200.
The main hurdle is still near USD 58,000.Besides, most major altcoins are trading above key supports. ETH spiked below USD 4,500, but it stayed above USD 4,450.
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